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Olstein Capital Management L.P. Trims Stake in Southwest Airlines Co. $LUV
Olstein Capital Management L.P. significantly reduced its stake in Southwest Airlines Co. (NYSE:LUV) by 23.5% in the fourth quarter, selling 39,000 shares and holding 127,000 shares valued at $5.249 million. Despite this, other institutional investors have recently acquired new positions in the company. Southwest Airlines recently reported its quarterly earnings, meeting analyst expectations, and announced a quarterly dividend of $0.18 per share.